U.S. and Brent crude oil dip in the short term, spot gold surges $30 higher

According to Gate data, U.S. and Brent crude oil dipped briefly, with WTI crude now falling over 5% to $91.4 per barrel; Brent crude is down approximately 4% to $92.6 per barrel.

The U.S. Dollar Index DXY fell below 99, down 0.15% on the day. The New Zealand Dollar against the U.S. Dollar NZD/USD broke above 0.59, up 1.09% on the day.

Spot gold surged $30 higher in the short term, now trading at $4,457 per ounce.